June 19, 2017 - By Linda Rogers

The stock of BRAZIL MINERALS INCORPORATED (OTCMKTS:BMIX) registered an increase of 59.46% in short interest. BMIX’s total short interest was 5,900 shares in June as published by FINRA. Its up 59.46% from 3,700 shares, reported previously.

It closed at $0.0172 lastly. It is down 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

Brazil Minerals, Inc. is engaged in the business of acquiring controlling positions or significant positions with roles in companies in Brazil in the minerals area or in industries related to minerals. The company has market cap of $1.20 million. The Company, through subsidiaries, outright or jointly owns approximately 11 mining concessions and over 15 other mineral rights in Brazil, for diamonds and gold. It currently has negative earnings. The Company, through subsidiaries, owns an alluvial diamond and gold processing and recovery plant, a sand processing and mortar plant, and several pieces of earth-moving capital equipment used for mining, as well as machines for sand processing and preparation of mortar.

More important recent Brazil Minerals Inc (OTCMKTS:BMIX) news were published by: which released: “Brazil Minerals, Inc. Now Owns 100% of the Duas Barras Diamond & Gold Mine” on October 07, 2014, also published article titled: “Well-Regarded Mining Investor Begins Stock Position in Brazil Minerals, Inc …”, published: “Brazil Minerals, Inc. Reports Largest Rough Diamond & Expected Further Cash …” on April 06, 2015. More interesting news about Brazil Minerals Inc (OTCMKTS:BMIX) was released by: and their article: “Brazil Resources Announces Name Change to “GoldMining Inc.” and New Symbols …” with publication date: December 05, 2016.

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